It is extremely frustrating that whatever good news MOY release we cannot break out of this 17c-23.5c range that we have been sat in for well over a year now. Volume is always good but nothing is pushing us to a SP in the mid to high 20s. Really not sure what the reason. Gold price is strong, talk of an interest rate cut here in Oz today, all good signs but if repeated recent price action is anything to go by we are heading back to 18-19c. Frustrating as this is one of the few shares I hold which isnt a complete dog.
MOY Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held